REGULATORY · MARKET STRUCTURE · GLOBAL
Zimbabwe suspends exports of raw minerals and lithium concentrates
Change
Zimbabwe’s Ministry of Mines and Mining Development suspended exports of all raw minerals and lithium concentrates with immediate effect, including minerals currently in transit, according to a statement issued Wednesday.
Why Now
The mines ministry stated that exports of all raw minerals and lithium concentrates are suspended with immediate effect. The suspension applies not only to new export shipments but also to minerals currently in transit. The statement specifies that only mining companies with valid mining titles and approved beneficiation plants will be authorized to export minerals. The excerpt describes lithium concentrate as an upstream input that is processed into lithium carbonate used in electric batteries.
Impact
- • Export shipments of raw minerals and lithium concentrates from Zimbabwe are halted immediately, including in-transit cargo.
- • Authorization to export minerals is limited to companies with valid mining titles and approved beneficiation plants.
Who Recalculates
- • Mining companies exporting minerals
- • Lithium supply chain processors (concentrate to lithium carbonate)
- • Battery manufacturers using lithium carbonate
Source
Topics
Law & Public Safety Regulatory Actions Business & Markets Supply Chain & Logistics Energy & Power Energy Transition